Everest Group (NYSE:EG - Get Free Report) is expected to issue its Q2 2025 quarterly earnings data after the market closes on Wednesday, July 30th. Analysts expect the company to announce earnings of $15.15 per share and revenue of $4.22 billion for the quarter.
Everest Group (NYSE:EG - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $6.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.46 by ($1.01). The company had revenue of $4.26 billion during the quarter, compared to the consensus estimate of $3.89 billion. Everest Group had a net margin of 4.88% and a return on equity of 5.95%. Everest Group's revenue for the quarter was up 3.1% on a year-over-year basis. During the same period in the previous year, the business earned $16.32 earnings per share. On average, analysts expect Everest Group to post $48 EPS for the current fiscal year and $62 EPS for the next fiscal year.
Everest Group Stock Up 1.4%
NYSE EG traded up $4.67 on Friday, reaching $336.56. 189,705 shares of the stock traded hands, compared to its average volume of 318,279. The company has a market cap of $14.32 billion, a price-to-earnings ratio of 17.31, a PEG ratio of 0.26 and a beta of 0.51. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.35 and a current ratio of 0.35. Everest Group has a 12 month low of $320.00 and a 12 month high of $407.30. The company has a fifty day moving average price of $338.73 and a 200-day moving average price of $346.86.
Everest Group Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Wednesday, May 28th were paid a dividend of $2.00 per share. The ex-dividend date was Wednesday, May 28th. This represents a $8.00 annualized dividend and a yield of 2.38%. Everest Group's dividend payout ratio (DPR) is 41.15%.
Insider Activity at Everest Group
In related news, CEO James Allan Williamson acquired 1,000 shares of the firm's stock in a transaction dated Wednesday, June 11th. The stock was acquired at an average cost of $337.97 per share, for a total transaction of $337,970.00. Following the completion of the acquisition, the chief executive officer directly owned 25,618 shares of the company's stock, valued at approximately $8,658,115.46. The trade was a 4.06% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 1.10% of the company's stock.
Institutional Trading of Everest Group
An institutional investor recently raised its position in Everest Group stock. Geneos Wealth Management Inc. boosted its stake in Everest Group, Ltd. (NYSE:EG - Free Report) by 98.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 181 shares of the company's stock after buying an additional 90 shares during the quarter. Geneos Wealth Management Inc.'s holdings in Everest Group were worth $66,000 at the end of the most recent quarter. 92.64% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on EG. Keefe, Bruyette & Woods upped their price target on Everest Group from $402.00 to $405.00 and gave the stock an "outperform" rating in a report on Wednesday, July 9th. Barclays upped their price target on Everest Group from $394.00 to $398.00 and gave the company an "overweight" rating in a research report on Monday, July 7th. Raymond James Financial restated a "strong-buy" rating and issued a $410.00 price target (down from $420.00) on shares of Everest Group in a research report on Tuesday, May 6th. Janney Montgomery Scott assumed coverage on Everest Group in a research report on Friday, June 20th. They issued a "buy" rating and a $425.00 price target for the company. Finally, Jefferies Financial Group upgraded Everest Group from a "hold" rating to a "buy" rating and upped their price target for the company from $376.00 to $415.00 in a research report on Friday, April 11th. Six research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Everest Group currently has an average rating of "Moderate Buy" and an average target price of $400.83.
View Our Latest Analysis on EG
About Everest Group
(
Get Free Report)
Everest Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally. The company operates through two segment, Insurance and Reinsurance. The Reinsurance segment writes property and casualty reinsurance; and specialty lines of business through reinsurance brokers, as well as directly with ceding companies in the United States, Bermuda, Ireland, Canada, Singapore, Switzerland, and the United Kingdom.
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